In October 2013, JJ Ltd., purchased an asset for $50,000. The asset was sold in January 2015 for $30,000. A replacement asset was purchased for $56,000 and it is now the only asset in the dass. In 2017, the company sold the "newasset in July for $34,000. The asset was not replaced and the asset class was closed. Assume that the firm has been in business since 2001 and has a December 31 year end, the applicable tax rate is 40% and the CCA rate is 20% Required: (a) Calculate CCA claimed in each year from 2013 through 2017 (b) For 2017, also calculate the (1) recapture depreciation, terminal loss, capital gains if any, that result from the sale of the asset () AND Calculate the After Tax Cash Flow that results from the sale in 2017